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State Whether or Is Being Used in the Exclusive or Inclusive

question 69

Multiple Choice

State whether or is being used in the exclusive or inclusive sense in the given statement.
-The prize is a new car or $10,000 cash.


Definitions:

Payout Ratio

A financial metric showing the proportion of earnings a company pays to its shareholders in the form of dividends.

Sustainable Growth Rate

The maximum rate at which a company can grow its sales, earnings, and dividends without increasing financial leverage.

Retention Ratio

This ratio indicates the percentage of a company's earnings not distributed as dividends but reinvested in the business.

Return On Equity

A financial ratio that measures the profitability of a corporation in relation to stockholders' equity.

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